Saturday, May 18, 2024

FG begins allocation of 8,925 houses under national housing scheme

The permanent secretary said there are no completed houses in Abia, Lagos, Bayelsa, Rivers states and the FCT.

• April 16, 2024
Federal Ministry of Housing and Urban Development (Credit:
Federal Ministry of Housing and Urban Development (Credit:

The Federal Government has announced the allocation of 8,925 houses to deserving applicants nationwide under the National Housing Programme.

This is contained in a statement by the national housing programme through the Permanent Secretary of the Ministry of Housing and Urban Development in Abuja, Dr Marcus Ogunbiyi.

Mr Ogunbiyi said the first batch of the allocation process was concluded after a review of the conditions and procedures for sales of houses under the NHP.

He said, “Out of a total of 8925 applications received, 1, 294 were for outright payment, 2408 for mortgage, 2184 for rent to own and 3039 were for instalment payment modes. The offer of new provisional allocation letters for the first batch of successful applicants under the outright payment mode is now ready. The successful subscribers would be contacted by the Federal Controllers of Housing and Urban Development in the states as well as the Chairman/CEO, Nigerians in Diaspora Commission from Thursday for collection.”

Mr Ogunbiyi said that applicants under the mortgage, rent to own and iInstalment payment modes who should be subscribers to the National Housing Fund were presently undergoing profiling.

The permanent secretary noted that there were no completed houses in Abia, Lagos, Bayelsa, Rivers states and the FCT.

He said that allocation of houses in the listed states would be done after the completion of the housing units later in the year.

The NHF is a Federal Government scheme, which entitles Nigerians above 21years in paid employment to a low interest, government funded loan.

Members of the scheme contribute 2.5 per cent of their monthly salary to the fund through the Federal Mortgage Bank of Nigeria.

The maximum amount obtainable under the NHF used to be N5 million but has since been increased to N15 million.

The borrowed capital is repayable over a maximum of 30 years at the rate of six per cent interest.


We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.

More from Peoples Gazette

Katsina State


Katsina youths pledge to deliver over 2 million votes to Atiku

“Katsina State is Atiku’s political base because it is his second home.”

Adeyemi Ikuforiji


Court fixes date for judgment in ex-Lagos speaker Ikuforiji’s N338.8 million fraud case

EFCC accused Mr Ikuforiji of using his position as the speaker to misappropriate funds belonging to the Lagos Assembly.



NiMet predicts three-day dust haze, thunderstorms from Saturday

NiMet urged the public to take adequate precautions as strong winds could precede rain in areas where thunderstorms were likely to occur.

Elon Musk and X logo used to illustrate the story


Elon Musk changes URL from to

Mr Musk wrote on Friday that users who type in on will now be directed to “”


Man ‘mistakenly’ falls into Lagos lagoon

Mr Oke-Osanyintolu said LASEMA received a call that a man had reportedly fallen into the Lagos lagoon at Falomo bridge.


FAAN begins sale of e-tags at airports

In a statement in Abuja, FAAN said the sale of the tags aligned with a presidential directive approved by the Federal Executive Council (FEC).


Lawmaker, her husband jailed in U.S. for bribery, fraud, money laundering

She was convicted of one count of conspiracy; two counts of theft, bribery, and kickbacks.